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Flynn Industries has three activity cost pools and two products. It estimates production 2,000 units of Product BC113 and 1,000 of Product AD908. Having identified
Flynn Industries has three activity cost pools and two products. It estimates production 2,000 units of Product BC113 and 1,000 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cost drivers. Annual Overhead Data Estimated Use of Cost Drivers per Product Estimated Activity Cost Pools Cost Drivers Overhead Estimated Use of Cost Drivers per Activity Product BC113 Product AD908 Machine setup Setups $18,500 37 26 11 Machining Machine hours 106,920 4,860 1,180 3,680 Packing Orders 35,640 540 180 360 Using the above data, do the following: Prepare a schedule assigning each activity's overhead cost to the two products. Activity Cost Pools Estimated Use of Cost Drivers per Product Machine setup Machining Packing Total assigned costs A A +A $ BC113 Activity-Based Overhead Rates $ Cost Assigned Estima Drive Estimated Use of Cost Drivers per Product AD908 Activity-Based Overhead Rates Cost Assigned A $ Compute the overhead cost per unit for each product. (Round answers to 2 decimal places, e.g. 12.25.) BC113 AD908 Overhead cost per unit +A
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